Don't leave income on the table just because you will be taxed on it.3) Most real estate expenses are deductible in the year you pay them, especially if the benefit is immediate (like a utility payment or property tax).4) Some expenses are prorated through the life of the improvement, such as depreciable buildings and roof repairs.

I want to get my license to gain additional education as well as the other benefits for personal investing in residential properties.

And I have accounts with 5 local credit unions as well (Lines of Credit, checking/savings, business).Business accounts with Wells Fargo in addition to the others.Each has their place and benefit, I try to maximize each ones benefits, not just limit myself to one or two.  

I believe we could make a part of our contract with him, though, that seller agrees not to attach any debts or access the equity, though, for the term of our lease and any extension - in effect, that it accrues to the future property buyer's benefit. 

Make sure to take advantage of all the benefits of the site

I know you and your partner will benefit greatly from the tools and the knowledge and the support you will find.

I am wondering if there are any benefits of setting up realestate as a LLP or a corporation over not.

We want my Mother listed as an owner and I am not sure if listing me as an owner will be a benefit when she passes or not.

If you are going to get a note on an out-of-state property, why not just buy an out-of-state property and get the same returns plus the over-so-passive tax benefits (cash in your pocket) and equity build?

Anybody know what the limitations/benefits are of a vendor like this?